Power Corp Canada Dividend yield

Power Corp Canada is part of Life Insurance business, which is part of Financials industry. Power Corp Canada is a company from Canada, and his stocks are publicly traded.

Power Corp Canada stock dividend

Power Corp Canada paid a total dividend of 1,294 million CAD last year, for a market value of 22,730 millions (Market Cap 19,824 millions). Power Corp Canada dividend per share is 2.10 CAD, and his stock market price 36.90 CAD.

According to the chart below, where dividend yield is displayed, Power Corp Canada has a dividend yield of 5.69%, which is higher than the amount offered by both the market average and companies from Canada. It is also bigger than average of Financials industry. This high dividend yield might be a sign to worry about the future of the company so deeper analysis is needed.

In addition, you should compare Power Corp Canada stocks dividend with other Life Insurance companies or other of the high Canada dividend stocks list.

Power Corp Canada Dividend Payout

About the ability of Power Corp Canada to maintain his current dividend of CAD 2.10 per share, an amount that accounts for 5.69%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Power Corp Canada payout on ernings is currently 54.12%, which is higher than the market average, and companies of Financials industry, which are 39.34% and 46.18% respectively. Both figures show that Power Corp Canada can have problems to keep with his present dividend yield.

The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of Power Corp Canada is CAD 12.30 per share, which is higher than the dividend per share paid by the company of CAD 2.10, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Power Corp Canada, compared againt world market average, Canada companies, Financials industry and Life Insurance sector companies.

Power Corp Canada Dividend History

Below you will find a table with the historical evolution of Power Corp Canada's dividend stock, both in percentage and in CAD, its Payout on Earnings and the number of shares (in case there is an split, number shares altered the dividend per share).

Year	Yield	CAD	Paypout	Shares*
Present	5.69%	2.10	54.12%	616
2022	6.22%	1.98	36.07%	616
2021	4.74%	1.98	53.08%	622
2020	6.12%	1.79	78.85%	624
2019	4.84%	1.62	38.76%	376
2018	6.23%	1.53	36.17%	416
2017	4.43%	1.43	39.29%	415
2016	4.47%	1.34	25.48%	414
2015	3.97%	1.24	34.83%	409

*In millions

Then you can see the evolution of Power Corp Canada dividend stock, and compare it with the average of Canada stocks and that of the Life Insurance stocks.

Power Corp Canada Stock performance

Finally, last moth Power Corp Canada showed a return of -1.20% compared to a worldwide -2.49% average, and a -3.03% of Financials firms. Over the last year, the company obtained a 9.30% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Canada and Life Insurance firms.